Promoting a Scam Makes You a Scammer

in #scam8 years ago (edited)

View this post on Hive: Promoting a Scam Makes You a Scammer


Sun Yuchen is a liar, thief, charlatan, and all around cunt. But I don't need to tell you that. Find me at Hive, where we are glad to be rid of him and all of his fake followers, sockpuppets, and thieves.

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No, but thanks to referrals you can help scammers scam more while making a cut from it.

When your name has value, you can still get scammed. It's called ID theft. (Not that it applies, but shouldn't be forgotten.)

Even broke people get robbed from time to time.

you sound like a hater to me. i have been earning in bitconnect for 10 months now. they trade coins on the livecoin trading platform so what is your proof they are scam? you should never say any site is scam unless you can back it up. everyone in the site is making profit. i have never promoted it in the 10 months i have been in it and all i put in was 100.00 and have earned over a thousand dollars already.

True , God bless the Poor.

Yes, please. Since I have been promoting VIVA to my closest friends and family, I too would like to know:
What do you think of Viva?

I tried to buy the first batch of VIVA Crowns without knowing too much about it beyond the general outline.

I think the first biggest challenge it faces is getting the ideas implemented. There are big challenges after that still. As far as a potential scam goes, I don't believe williambanks and friends are looking to scam people. My word shouldn't be taken as gospel. Please look into any potential investment with a critical view.

I 'm not sure about it myself, but I'm watching it, just not participating in the ico.

Lets see independent open source clients and then maybe there would be a reason. Looks like it will turn into a pump and dump. The ICO structure seems questionable.

The hardest part of a scam is that people want to believe that it will work for them. I don't believe downvotes alone will resolve the issue since there is an inherent desire for people to want to believe the scam. Instead of downvoting, post a link to this exact post to educate and inoculate people from the scam.

For Bitconnect, people need to understand where the money is allegedly coming from. The website alleges they are running a volatility trading bot using the funds. What people need to be skeptical about is the existence of this bot and the performance advantage that it has against all other bots on the bitcoin markets. A volatility trading bot is not a new idea and bitconnect is doing something extraordinary with their trading algorithm, they should be able to convince big time traders and investors that their algorithm is something special and very quickly get millions in funding from legitimate investors.

The fact that they are soliciting funds from amateurs and provide near zero explanation for their trading methodology or edge and most of their website is about marketing is highly highly suspicious.

The worrying thing is that these types of scams are proliferating. I seem to get messages "inviting" me nearly every day to join something like this.

These BitConnect people have tried to recruit me for their scam previously and it looked fishy to me right away.

It sad that people get caught up in this and either don't realise that they are helping to perpetrate the scam or are being dishonest with themselves.

Just because some early investors get paid does not make it legit - that is exactly what happens in Ponzis and pyramid schemes and what is used to attract later investors.

If nobody got any money then the scam wouldn't work!

Integrity is more important than profits - if all you care about is money, then you would be better off becoming an investment banker (or an owned politician).

Right on "Integrity is more important than profits - if all you care about is money, then you would be better off becoming an investment banker (or an owned politician)." - Sad but true.

One man's scam coin is another's top crypto, one man's terrorist is another man's freedom fighter. Always two viewpoints.

Who is Bernie Madoff to you?

My Uncle

Thank you for the mention!
A user was advertising it right in the comments of my article! Shameless!

This looked shady to me as well
good post

We need a new slogan that says "Open-source or Scam!"

Yes I know we recently went fully open-source :p
Would be a good general rule when investing in crypto-currencies though since most scams aren't.

Agreed/followed/upvote/shared/resteemed/liked/loved/some other verbs I can't come up with. 😂

"All that glistens is not gold; Often have you heard that told: Many a man his life hath sold But my outside to behold: Gilded tombs do worms enfold." (William Shakespeare)

Edit: He did refund me.


"Promoting a Scam Makes You a Scammer"
Hi @pfunk. You vote on @charlieshrems witness.
Please look at this and reconsider your vote.
https://steemit.com/steemitringscam/@berniesanders/did-you-order-a-steemit-ring-from-charlieshrem-and-never-receive-it

I don't know enough about the situation. It seems from Charlie's comments there that he made mistakes but didn't have malicious intent.

I've unvoted his witness pending reimbursements for the rings to you, ericvancewalton, and possibly cass.

He refunded me.